NEW YORK — Stocks are edging lower in quiet trading as traders return from the Thanksgiving holiday.
Retail stocks led the declines Monday as early signals on the holiday shopping season failed to impress. Target and Macy's fell 2 percent and Home Depot lost 1 percent.
Investors are focusing on central banks in Europe and the U.S., which are going in different directions on interest rate policy. That has been sending the dollar higher against other currencies like the euro.
The Dow Jones industrial average was down 67 points, or 0.4 percent, to 17,731 as of 11:45 a.m. Eastern time.
The Standard & Poor's 500 index lost seven points, or 0.4 percent, to 2,082. The Nasdaq composite gave up 21 points, or 0.4 percent, to 5,106.